Snap CFO granted 983,607 RSUs at no cost
Snap Inc.’s Chief Financial Officer Derek Andersen received 983,607 Class A RSUs on February 3, 2026 at an effective price of $0.00 per share.
Rhea-AI Filing Summary
Snap Inc.’s Chief Financial Officer Derek Andersen received 983,607 Class A RSUs on February 3, 2026 at an effective price of $0.00 per share. After this award, he beneficially owns 3,955,658 Class A common shares.
The RSUs represent a right to receive one share of Class A common stock per unit. They vest in equal quarterly installments over 36 months of continuous service starting on November 15, 2025. If Andersen dies while still in continuous service, all unvested RSUs become fully vested immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 983,607 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. These RSUs shall vest in equal quarterly installments during the 36-month period of the reporting person's continuous service from November 15, 2025. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Snap (SNAP) grant to its CFO Derek Andersen?
How and when do Derek Andersen’s new Snap (SNAP) RSUs vest?
What happens to Derek Andersen’s Snap RSUs if he dies while employed?
Did Derek Andersen pay anything for the newly granted Snap RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.